Fleming’s Steakhouse
Bloomin’ Brands owns Fleming’s Steakhouse & Wine Bar, which means it is the sister company of Outback Steakhouse. Fleming’s has headquarters in Tampa and was founded by Bill Allen and Paul Fleming in California in 1988. Its first restaurant opened in Newport Beach, CA. According to Bloomin’ Brands, the Steakhouse would be closing roughly 43 locations to close down “underperforming brands.” Currently, the Steakhouse & Wine Bar has 69 locations.
PizzaRev
This pizza shop’s specialty is make-your-own pizzas. PizzaRev closed three of its branches in Memphis, Tennessee quite abruptly, making headlines and surprising its customers. Nicolas Eckerman founded PizzaRev in 2012 and it has a subsidiary called Pie Squared Pizza, LLC. Currently, PizzaRev has roughly sixty 60 restaurants and it had some substantial expansion towards the end of 2016 which helped it increase its revenue. It brings in revenue of $32.9 million each year, and the restaurant chain’s average yearly sales change is 93.5%. PizzaRev is mainly known for local deals since some locations let children eat free on Mondays.